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BUDGET DEAL PUTS ACCESS TO HEALTH CARE ABOVE CURBING COSTS

December 21, 2019

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Techlife News

The bipartisan budget deal announced in Congress protects access to health care under the Affordable Care Act but it also ditches one of that law’s main cost controls.

BUDGET DEAL PUTS ACCESS TO HEALTH CARE ABOVE CURBING COSTS

The deal would repeal a cost-control measure in “Obamacare” known as the Cadillac Tax, an unpopular levy on benefit-rich health insurance plans scheduled to take effect in 2022.

That means Congress is upsetting the balance between expanding access and controlling costs that former President Barack Obama tried to strike in his signature law, said Kathleen Sebelius, who served as his health secretary.

“President Obama thought it was very important to have additional access paid for,” said Sebelius. “This just takes a big step backward.”

The deal was reached in late-stage negotiations between congressional leaders and Treasury Secretary Steven Mnuchin as part of a broader agreement to keep the government operating past this weekend. As part of the package, the Trump administration would be barred from using its rule-making authority to take certain actions that would destabilize the ACA’s health insurance markets.

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NVIDIA DEVELOPS LOCATION-VERIFICATION TECH AS GOVERNMENTS TIGHTEN CONTROLS ON CHIP MOVEMENT

Nvidia has developed a new location-verification system designed to help authorities confirm where sensitive chips are operated, adding a technical layer that could support global efforts to curb unauthorized transfers and smuggling of advanced processors.

time to read

2 mins

December 13, 2025

Techlife News

Techlife News

SPOTIFY EXPANDS MUSIC VIDEO TEST TO USERS IN THE U.S. AND CANADA

Spotify is widening its trial of in-app music videos to users in the United States and Canada, adding two major streaming markets to an experiment that began earlier this year in a handful of countries.

time to read

3 mins

December 13, 2025

Techlife News

Techlife News

APPLE SILICON CHIEF JOHNY SROUJI DISMISSES EXIT RUMORS AND REAFFIRMS HIS COMMITMENT TO THE COMPANY

Apple's senior vice president of hardware technologies, Johny Srouji, moved to eliminate speculation about his future at the company, telling employees in a memo that he does not intend to leave and remains fully committed to leading Apple's silicon engineering efforts.

time to read

4 mins

December 13, 2025

Techlife News

Techlife News

BMW EVS GAIN ACCESS TO TESLA SUPERCHARGER NETWORK IN THE UNITED STATES

BMW electric vehicles in the United States can now use Tesla’s Supercharger network following a recent rollout of compatibility updates and connector adoption that enable cross-brand charging access.

time to read

4 mins

December 13, 2025

Techlife News

Techlife News

FORMER APPLE CO-00 JEFF WILLIAMS NOMINATED TO THE WALT DISNEY COMPANY BOARD AS AN INDEPENDENT DIRECTOR

The Walt Disney Company has nominated former Apple operating-executive Jeff Williams to join its board of directors, marking a significant crossover between leading technology hardware engineering and global media operations.

time to read

3 mins

December 13, 2025

Techlife News

Techlife News

IFIXIT LAUNCHES FIXBOT, A CAMERA-ASSISTED CHATBOT BUILT TO GUIDE EVERYDAY TECH REPAIRS

iFixit has introduced a new mobile app designed to bring its extensive library of repair guides into a more accessible, conversational format.

time to read

4 mins

December 13, 2025

Techlife News

Techlife News

DISNEY AGREES TO $1 BILLION EQUITY INVESTMENT IN OPENAI AND LICENSING DEAL FOR SORA AI TO USE ICONIC CHARACTERS

The Walt Disney Company said Thursday that it will make a $1 billion equity investment in OpenAI and has reached a licensing agreement that will allow the use of characters from its major entertainment franchises in OpenAI’s generative artificial intelligence tools, including the Sora video generator and ChatGPT image features.

time to read

3 mins

December 13, 2025

Techlife News

Techlife News

INSTAGRAM TESTS AUTO-GENERATED HEADLINES TO BOOST POST DISCOVERABILITY

Instagram is testing a new feature that generates short, search-focused headlines for users' posts, widening the platform's ongoing shift toward SEO-driven discovery.

time to read

4 mins

December 13, 2025

Techlife News

Techlife News

SPACEX SAID TO BE PREPARING A 2026 IPO AS VALUATION EXPECTATIONS RISE

SpaceX is reportedly preparing to pursue an initial public offering in 2026, according to new indications circulating among investors and advisors familiar with the company’s long-term planning.

time to read

3 mins

December 13, 2025

Techlife News

Techlife News

APPLE'S ORIGINALS EARN MULTIPLE GOLDEN GLOBE NOMINATIONS AS THE STUDIO CONTINUES EXPANDING ITS PREMIUM SLATE

Apple's expanding film and television division secured a wide set of Golden Globe nominations this week, spotlighting the reach of Apple TV's drama and documentary catalog as the service enters its fifth year of original programming.

time to read

4 mins

December 13, 2025

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